can't believe S&P500 already bounced back 160+ pts since lows last month. Only 30 pts away from all time highs now.
Glad I was away over last month and stayed clear of shorts. Thinking I might start looking for some positions to take as I am not sold we'll see new highs any time soon. 1540 area on S&P500 looks like rough resistance, tried getting up there couple times over last 2 weeks but no go. Thinking this might be a new lower high on the chart.
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